Insight

FRV Weekly – December 19, 2022

FRV Weekly reports on the AICPA & CIMA Conference, crypto, SEC, FASB ASU, CFO Voices and more.

December 19, 2022

This week's FRV Weekly newsletter summarizes the latest news, analysis and insights from KPMG Financial Reporting View.

Report contents

AICPA CIMA Conference

Conference highlights you need from this year's AICPA & CIMA Conference

Sample SEC comment letter on crypto market developments

SEC staff issues sample letter questioning disclosures of crypto asset market developments.

FASB addresses crypto asset presentation and disclosure

FASB decides presentation and disclosure requirements that should apply to crypto assets.

SEC adopts amendments to insider trading plans rule

Final rules strengthen investor protections and enhance disclosures of insider trading policies and arrangements.

FASB amends long-duration contracts transition guidance

Amendment to long-duration contracts improvements to exclude certain contracts or legal entities sold and derecognized.

Podcast: Government assistance

We discuss the FASB’s ASU 2021-10 and their Invitation to Comment on the potential incorporation of IAS 20, Accounting for Government Grants, into US GAAP.

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Access our accounting research website for additional resources for your financial reporting needs.